Wandin North is in the bottom 30% in VIC when comparing median price capital growth over the last year. Wandin North gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.18%.
Wandin North,3139 was ranked 2184 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.91% offered to property buyers. Sellers in Wandin North itself are offering an average vendor discount of -4.52% to real estate investors.
Often selling an investment property can take time, and in Wandin North the average time real estate has been on the market is 16.2 days.
With the median price for a house in Wandin North being $495250 and the advertised rent reaching $397.5 the gross rental yield for property investors calculates out to be 4.17%